Common use of Corporation’s Early Termination Right Clause in Contracts

Corporation’s Early Termination Right. With the written approval of a majority of the Independent Directors, the Corporation may terminate this Agreement, as and to the extent provided herein, by paying in full each and every TRA Party the Early Termination Payment (along with any applicable Default Rate Interest) due to such TRA Party.

Appears in 8 contracts

Samples: Tax Receivable Agreement (Smith Douglas Homes Corp.), Tax Receivable Agreement (Smith Douglas Homes Corp.), Tax Receivable Agreement (Smith Douglas Homes Corp.)

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Corporation’s Early Termination Right. With the written approval of a majority of the Independent Directors, the Corporation may terminate this Agreement, as and to the extent provided herein, by paying in full each and every TRA Party Holder the Early Termination Payment (along with any applicable Default Rate Interest) due to such TRA PartyHolder.

Appears in 2 contracts

Samples: Tax Receivable Agreement (GoHealth, Inc.), Tax Receivable Agreement (GoHealth, Inc.)

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